Tag Archives: china

“North America may lose its e-commerce crown this year”

“An eMarketer report says web consumers in Asia-Pacific will spend more than their peers in North America. Globally, e-commerce will increase 20% this year to $1.5 billion.” Read Full Article >

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“Chinese manufacturers aim to increase direct sales to Western online shoppers”

“New ‘manufacturer-to-consumer’ e-commerce is growing steadily, as Chinese factories seek to make up for softening domestic demand in China. A new industrial park opened last week in a major e-commerce center that’s designed to facilitate cross-border e-commerce.” Read Full Article >

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“Apple CEO says China will be its biggest market”

“Though the U.S. is still Apple’s largest market, CEO Tim Cook is sure that won’t last. During his much-discussed trip to China, he said that he sees China eventually becoming the largest market for its products.” Read Full Article >

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“In Shift of Jobs, Apple Will Make Some Macs in U.S.”

“Apple plans to join a small but growing number of companies that are bringing some manufacturing jobs back to the United States, drawn by the growing economic and political advantages of producing in their home market.” Read Full Article >

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“China’s disabled enjoy e-commerce boom”

“More and more physically disabled people in China have found ways to join the country’s ‘get rich’ rush, which could have left them behind if not for the Internet. According to sources with Taobao, the country’s largest e-commerce platform, more than 30,000 disabled people across the country are managing online stores at Taobao.com.” Read Full Article >

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“Chinese Web Search Giant Baidu Sees $677 Million In Q1 Revenue, Up 75% Year-Over-Year”

“Baidu, China’s leading web search company today issued its quarterly earnings report for the first three months of 2012. The company made $677 million in top-line revenue, up 75 percent from the revenue it posted in the first quarter of 2011. Baidu performed just as strongly at the bottom line as well, posting a net income of $299 million, up 75.9 percent year-over-year. In case you need some context for that: Google reported revenues of $10.65 billion and net income of $2.89 billion for the first quarter of 2012; Facebook’s Q1 revenue was a bit over $1 billion.” Read Full Article >

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“Chinese e-retail sales set to triple to $360 billion in 2015″

“E-retail sales in China will hit $360 billion in 2015, triple the spending now, according to a new projection from The Boston Consulting Group. The research firm says that e-commerce will account for nearly 10% of retail sales in China by or shortly after 2015.” Read Full Article >

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